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26 September 2013 | 4 replies
This is assuming 10% vacancy, $1,000/annual for repairs and maintenance.I don't have anything figured for monthly cost of trash, snow removal/cutting grass, or any utilities, because you had not provided this.
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3 November 2013 | 4 replies
Also with multi's in general you will be responsible for the outdoor lawn mowing, landscaping, snow plowing, etc so you need to factor those expenses in when evaluating the property.You might want to increase your vacancy percentage a little bit as well as multi's may have a shorter average length of stay vs. a single family but this will be highly tenant dependent.
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26 November 2014 | 11 replies
How much is snow removal and grass cutting going to cost you?
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29 April 2016 | 3 replies
My mother lives in a 55+ community just south of Tampa, and the seasonal snow birds do rent condo's like hers during the winter months.
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10 January 2017 | 4 replies
I have definitely considered it many times. especially as the snow comes down !
28 December 2016 | 23 replies
Schools are also a better indication, and this one looks like they are all below average.But ignoring the neighborhood, here's my monthly breakdown:Down Payment: 17,250Rental income: $1100Mortgage: $278 (borrowing $55,800 at 5%, 30 year amort)Taxes: $134 (found recent tax on zillow)Insurance: $75 (a guess)Management (10%): $110 (even if you manage yourself at first, which I encourage, price it in)Vacancy (10%): $110CapEx (10%): $110 (even if you don't need it right away, you will need it)Other expenses (water/sewer/snow removal/lawncare/maintenance): $110 That leaves you with a monthly cash flow of $173/month.
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12 November 2022 | 62 replies
Snow covered mountain/volcano top.
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12 January 2010 | 4 replies
So shoot for a closing before the snow hits your area, if it does at all!..
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30 January 2014 | 11 replies
These tenants also incessantly parked on the grass.
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19 April 2014 | 3 replies
@Haider ZamanProperty Manager Job Purpose: Maintains property rentals by advertising and filling vacancies; negotiating and enforcing leases; maintaining and securing premises.Property Manager Job Duties:Establishes rental rate by surveying local rental rates; calculating overhead costs, depreciation, taxes, and profit goals.Attracts tenants by advertising vacancies; obtaining referrals from current tenants; explaining advantages of location and services; showing units.Contracts with tenants by negotiating leases; collecting security deposit.Accomplishes financial objectives by collecting rents; paying bills; forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective action.Maintains property by investigating and resolving tenant complaints; enforcing rules of occupancy; inspecting vacant units and completing repairs; planning renovations; contracting with landscaping and snow removal servicesMaintains building systems by contracting for maintenance services; supervising repairs.Secures property by contracting with security patrol service; installing and maintaining security devices; establishing and enforcing precautionary policies and procedures; responding to emergencies.Enforces occupancy policies and procedures by confronting violators.Prepares reports by collecting, analyzing, and summarizing data and trends.Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.Accomplishes organization goals by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.